October 2008

My partner, Nicole Auerbach, the soul of Valorem, ensures that we live by the rule that while we take our clients and their problems very seriously, we can’t take ourselves seriously at all.  This is the sign that welcomes us to our Conference Room.  Even after several months, I smile every time I walk in

The November 2008 issue of Inside Counsel reports that 62% or the responding law department leaders expect their law department budgets to be reduced as a result of the economic crisis.

The pie is shrinking.  Your piece can shrink with it, or you can figure out how to get a bigger piece.   What are

Last March, I wrote that unlike with every recession since World War II, we would not be able to rely on the consumer to drive the economy of this recession.  Since that post, we’ve seen home prices continue to tumble and the precipitous decline of net mortgage equity withdrawals (essentially, the amount of home equity

I ran across an article in the business section of this morning’s  Chicago Sun-Times that made my blood run cold.  Columnist Terry Savage was recounting how Bert Dohmen, publisher of The Wellington Letter, predicted the current credit crisis in March 2008, saying that "[t]he enormity of this problem is beyond anything we have ever seen

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As I flew from Chicago to Boston this morning, I had an opportunity